The Risks Of Cash Value Life Insurance
April 17, 2020 by Garrett Gunderson
A large portion of the insurance and investment industry has perpetuated a dangerous narrative, a false belief.
One where if you want a return you must take higher risks.
Wink’s Note: “…if you want a return you must take higher risks” is a false narrative. That is a basic fundamental of finance.
Too much industry lingo for a consumer to even understand.
There is no M&E on non-variable cash value life insurance, dude. And actually 2% of term policies result in a death claim. However, the same is not true of any cash value life insurance product, so to infer that is erroneous.
Further, to suggest that indexed life products expenses are ever going to increase to the maximum charges is highly misleading. Paying premiums late on IUL does not nullify the minimum guarantees either.
And, “Equity Indexed Universal Life?” That is so ’90s!